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AT&T Views European Wireless Market Attractive: Deutsche Bank 2014-03-03 09:27:07.498 GMT
By Gaurav Panchal March 3 (Bloomberg) -- AT&T management wouldn’t discuss media reports that it is interested in acquiring Vodafone, did reiterate views on why European wireless market may be attractive, Deutsche Bank says after investor meetings with CFO John Stephens. * AT&T noted that it may be able to generate revenues in Europe without acquiring a network operator: Deutsche Bank * AT&T cited large/dense population, high usage of mobile, high GDP/capita and low adoption of LTE as EU wireless market being attractive: Deutsche Bank * Key risk is regulatory environment, which T believes discourages LT investment: Deutsche Bank * Rates AT&T hold * Feb. 28: AT&T said to build case for Europe without uttering ‘Vodafone’ {NSN N1ON2B6JIJVJ <go>}
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To contact the reporter on this story: Gaurav Panchal in London at +44-20-7392-0511 or gpanchal2@bloomberg.net
To contact the editor responsible for this story: Brian Lysaght at +44-20-7330-7908 or blysaght@bloomberg.net